finance
Taiko Critical Minerals Plans Capital Raise of Up to NZ$8 Million
The company will seek up to NZ$5 million through a placement to wholesale investors and NZ$3 million via a share purchase plan. Both offerings are priced at NZ$0.25 per share.
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Taiko Critical Minerals announced plans to raise up to NZ$8 million through two separate offerings. A placement to wholesale investors could generate as much as NZ$5 million. A concurrent share purchase plan is expected to raise NZ$3 million, with both priced at NZ$0.25 per share.
The placement targets wholesale investors only.
The share purchase plan remains open to eligible shareholders under standard regulatory conditions. No closing date or use of proceeds was specified in the announcement.
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